It is possible if BNB is able to rise to $1k, this is because it can be seen that BNB's performance is good and is becoming a trend right now. Many people look to BNB to compete to buy it while the price is still relatively low and make a profit when the pump value is fantastic. I think BNB will be one of the good altcoins after ETH, this is great news isn't it.Until now, BNB has been able to maintain its position, no doubt many expect to receive BNB.
this coin price prediction is helped further by the fact that the exchange behind BNB regularly enters into high-profile partnerships and collaborations with other crypto projects – and in other cases, offers a Launchpad service that enables new ideas to reach the market far faster than they may have done otherwise. According to the Binance Coin 2021 price prediction from various sources, BNB could be on track to reach between $635 and $952 by the end of the year. maybe it will take a few years to reach $1000, we'll see how it goes.
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the future price of any meme coin is strongly based on the community invested in it and the popularity of that coin at any given time. Meme coin communities can help spread news of the coin, get others to invest, and make a coin go viral in order to help drive up the price. my advice, you better invest and choose a project that really fits the roadmap and you can also choose a stable coin which may have a lower risk than meme coin.
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The primary objective of coin burn is to regulate the supply and thereby stabilize the price, additionally, by reducing the circulating supply of a portion of the circulation so the number of transactions gets equally reduced. In a nutshell, a reduction in volume lowers the chances of spam attack which leaves enough bandwidth for health transaction count on the network.
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I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
If I have 20000 Dogecoin maybe I will invest 10% of this coin a little and I will think about investing in another coin because this coin Dogecoin does not have a whitepaper. The price really depends on Elon Musk's tweet. The Musk effect has driven much of Dogecoin's price spike, and it's not a driver of sustained growth.
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Nowadays we are joining new bounties but getting low or non-rewards, is any new project that is paying good rewards that will be real or fake?
a successful or not a bounty project maybe we can see in terms of everything, whether it's from a roadmap that has really been implemented or not at all and we can see in terms of supporters or the community the bigger people believe in a good project. investors will be interested in allocating their money to the project, and we can't see only one side, indeed this year the bounty reward is very small and even then we have to wait for the distribution of the prize.
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Cryptocurrency is very popular now and there are a lot of projects appear. It is very important to evaluate the potential of new projects for investment to find most profitable projects on early stages of their development. Raise of the market attracts many people. Also there are a lot of newbies. They do not have experience and often lose their money. here we have to be smart to analyze things especially now that there are many coins popping up like meme coins that may be able to go up thousands of percent but not all of them are like that, only large communities like shiba inu which today can reach the top 10 marketcap.
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I feel sad for those investors but I think we can prevent such scam projects if we invest on a real project with a trusted team.
Open pump and dump schemes are rampant in the crypto world, with investors often jumping in with their eyes wide open, perhaps hoping that they can ride the wave and dump their holdings for a quick profit before the price collapses, so be careful for investing.
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I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.
What do you think about this issue? Do you invest in young and just starting projects?
in my opinion, old or new projects all have risks as long as we are observant in reading a project, especially for projects that are running according to the roadmap and checkdot itself has been running in Q4 and indeed next year will develop the NFT market itself, hopefully this project can run successfully and investors will get even more
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